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Re: cala9 post# 144396

Monday, 03/05/2018 12:18:25 AM

Monday, March 05, 2018 12:18:25 AM

Post# of 232553
The ROFR only gave Apple the right to make a competing offer in the event that another party attempted to acquire a controlling interest in LQMT. It has nothing to do with the TTA or CIP. Apple has a permanent exclusive CE license to use all of our IP produced during the capture period, regardless of ownership of the company.

The only reason for Apple to care about LQMT at all is if they want our help with production, or if they want to negotiate further licensing for IP developed after the expiration of the TTA capture period, or for purposes other than CE. The only complication for them to consider is that the CEO of LQMT can personally decide to compete with them using very similar technology through another entitiy (EONTEC).